Former National Basketball Association (NBA) player Malik Beasley has agreed to plead guilty to federal charges stemming from a sports betting scandal involving allegations of game manipulation and insider information, his attorney told several media outlets.

Attorney Steve Haney said a plea deal with federal prosecutors has been finalized, but details were not released.

Four Games Allegedly Manipulated

Beasley and five others were indicted in June over an alleged scheme to manipulate his performance in four games during the Milwaukee Bucks’ 2023-24 season to benefit gamblers wagering on prop bets.

According to Spotrac, Beasley made US$59.9m over a 10-year NBA career and last played for the Detroit Pistons in 2025.

In the indictment, Beasley, along with alleged co-conspirators Ed Davis, another former NBA player, William Brown, Robert Gorodetsky, Ernesto Plascencia and NBA player agent Paolo Zamorano, faced charges that included wire fraud conspiracy, bribery in sporting contests, honest services wire fraud conspiracy, and money laundering conspiracy, according to the U.S. Attorney’s Office for the Eastern District of New York.

Millions in Gambling Debts

Beasley pleaded not guilty in July but is scheduled to change his plea on Dec. 9 in Brooklyn federal court, Legal Sports Report said. According to the indictment, Beasley had racked up millions of dollars in gambling losses and was working off debt as part of the scheme. Beasley told gamblers in advance that he would alter his performance, and they used that information to bet on his statistical unders.

The Pistons were reportedly finalizing a contract for Beasley that would have paid him $42 million over three years, doubling his salary. Beasley finished the 2025 season with a Pistons-record 319 three-pointers made, second in the NBA. He shot 41.6% from the three-point line and averaged 16.3 points per game.

NBA Tightens Player Prop Restrictions

Earlier this month, the NBA instructed its authorized sports betting partners, including DraftKings and FanDuel, to stop offering certain micro-wagers and player prop markets this season due to ongoing integrity concerns.

The restrictions include parlays combining multiple under bets on a single player’s statistics, as well as a ban on “first-of” markets related to the first basket, 3-pointer, rebound, assist, steal, or block, as well as wagers on the outcome of the opening tip and whether players will miss specific shots.